5814 Bermuda Cir E, West Palm Beach
Palm Beach County Real Estate - Palm Beach Gardens
Palm Beach Gardens is in South East Florida. It's population as recorded in the 2010 Census was 48,452. Palm Beach Gardens is approximately 67 miles from Hialeah (population 224,669) and around 48 miles from Fort Lauderdale (population 165,521).
The median age for residents of Palm Beach Gardens is 48.3. Around 20.8% of Palm Beach Gardens households include school aged children and 37.2% of households include individuals aged 65 years or over. Census records indicate 89.2% of the Palm Beach Gardens population are White, 4.4% are Black or African American, .1% American Indian, 3.1% Asian and 1.6% are Two or more Races.
There are 27,663 housing units in Palm Beach Gardens. 4,859 (17.5%) of these were reported as vacant in the 2010 Census. Palm Beach Gardens is a tourist destination, 56.1% (2,726) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 7,196 residential rental units in Palm Beach Gardens. 6,327 of them were occupied in 2010 providing a residential rental vacancy rate of 11.1%.
Palm Beach Gardens links:
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 5812 Bermuda Cir E | Single Family | 1,401 | B |
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| 5826 Bermuda Cir E | Single Family | 1,509 | B |
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| 5828 Cayman Cir W | Single Family | 1,307 | B |
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| 5788 Bermuda Cir S | Single Family | 1,333 | B |
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| 5826 Cayman Cir W | Single Family | 1,418 | B |
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| 5843 Cayman Cir W | Single Family | 1,440 | B |
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| 5840 Bermuda Cir E | Single Family | 1,609 | B |
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| 5786 Bermuda Cir S | Single Family | 1,287 | B |
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| 5789 Bermuda Cir E | Single Family | 1,058 | B |
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| 5836 Cayman Cir E | Multi-family - less than 10 units | 1,611 | B |
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| 5853 Cayman Cir W | Single Family | 1,596 | B |
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| 5774 Bermuda Cir S | Single Family | 1,426 | B |
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| 5791 Bermuda Cir E | Single Family | 1,126 | B |
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| 5854 Bermuda Cir E | Single Family | 1,172 | B |
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| 5809 Bermuda Cir E | Single Family | 1,527 | B |
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| 5863 Cayman Cir W | Single Family | 1,143 | B |
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| 5870 Bermuda Cir E | Single Family | 1,175 | B |
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| 5760 Bermuda Cir S | Single Family | 1,594 | B |
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| 5788 Bermuda Cir W | Single Family | 1,066 | B |
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| 5819 Bermuda Cir E | Single Family | 1,696 | B |
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| 5865 Cayman Cir W | Single Family | 1,066 | B |
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| 5867 Cayman Cir E | Single Family | 1,142 | B |
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| 5790 Bermuda Cir W | Single Family | 1,143 | B |
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| 5872 Bermuda Cir E | Single Family | 1,044 | B |
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| 5880 Cayman Cir W | Single Family | 1,333 | B |
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| 5772 Bermuda Cir S | Single Family | 1,401 | B |
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| 5808 Bermuda Cir W | Single Family | 1,334 | B |
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| 5831 Bermuda Cir E | Single Family | 1,143 | B |
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| 5876 Bermuda Cir E | Single Family | 1,058 | B |
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| 5881 Cayman Cir W | Single Family | 1,700 | B |
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| 5818 Bermuda Cir W | Single Family | 1,751 | B |
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| 5882 Cayman Cir W | Single Family | 1,341 | B |
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| 5833 Bermuda Cir E | Single Family | 1,143 | B |
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| 5770 Bermuda Cir S | Single Family | 1,401 | B |
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| 5878 Bermuda Cir E | Single Family | 1,058 | B |
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| 5881 Cayman Cir E | Single Family | 989 | C |
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| 5875 Caribbean Blvd | Single Family | 1,100 | B |
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| 5881 Caribbean Blvd | Single Family | 1,066 | B |
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| 5830 Bermuda Cir W | Single Family | 1,531 | B |
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| 5892 Cayman Cir W | Single Family | 1,399 | B |
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| 5893 Cayman Cir W | Single Family | 1,421 | B |
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| 5883 Caribbean Blvd | Single Family | 1,126 | B |
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| 5877 Caribbean Blvd | Single Family | 1,066 | B |
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| 5840 Bermuda Cir W | Single Family | 1,143 | B |
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| 5885 Cayman Cir E | Single Family | 1,584 | B |
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| 5783 Bermuda Cir W | Multi-family - less than 10 units | 2,666 | B |
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| 5890 Caribbean Blvd | Single Family | 1,642 | B |
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Local Household Income
The median household income in this part of Florida is $85,423. The bottom 10% of the population earn less than $25,310 per year. The top 10% earn more than $291,096 per year. The top 1% earn more than $691,178 per year. Most renters earn between $35,844 (20th percentile) and $67,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,846 and $213,558.
The tax assessed value of this property places it in percentile 5 of all properties in this area. This suggests it would appeal to someone earning around $16,686 per year who should qualify for a mortgage between $33,372 and $41,715.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,276. Most renters earn between $2,987 and $5,601 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $944 (20th percentile) to $1,734 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 5 of all properties in this area. This corresponds to a rent of $633 per month and a monthly household income of $2,161 ($25,932 per year)
Nearby Companies
5876 Bermuda Circle East
5883 Caribbean Blvd
5883 Caribbean Blvd
5883 Caribbean Blvd
5883 Caribbean Blvd
5893 Cayman Circle W
5880 Cayman Circle West